Matoaca, VA
Population 2,448 · Virginia
About Matoaca, VA
Matoaca is a small town located in Virginia with a population of 2,448 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,445 per year, which is 24% below the national median of $75,149. The median age of 31.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Matoaca features a median home value of $205,100, which is 16% below the national median of $244,900. This positions Matoaca in a moderately priced market relative to the rest of the country. Median monthly rent is $995, 14% below the national average of $1,163/month. Of the 1,191 total housing units, 76% are owner-occupied (774 units) and 24% are renter-occupied (239 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Matoaca shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Matoaca have an average one-way commute time of 32.6 minutes.
Education & Demographics
29.8% of Matoaca residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 4.6% Hispanic or Latino, 4.7% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Matoaca, VA
Compared to national averages, Matoaca has a median household income of $57,445 (24% below the national median of $75,149). Home values average $205,100, which is 16% below the national median. Monthly rent at $995 is 14% below the US average of $1,163. Within Virginia, Matoaca's income is 35% below the state average of $87,957, and home values are 37% below the state median of $327,514.
Why Live in Matoaca, VA?
Matoaca offers affordable housing with a median home value of $205,100, below the US average of $244,900, and rent that’s lower than the national average at $995/month, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include median household income ($57,445) that falls below the national average. However, Matoaca’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Matoaca has a population of 2,448 with a median age of 31.1 years. Compare Matoaca with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Matoaca
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Grove | 2,452 | $193,526 | $598,800 | Compare |
| Woodlawn CDP (Carroll County), Virginia | 2,461 | $89,375 | $144,700 | Compare |
| Chilhowie | 2,462 | $53,250 | $158,600 | Compare |
| Piney Mountain | 2,478 | $129,120 | $284,000 | Compare |
| Goose Creek Village | 2,519 | $209,042 | $588,100 | Compare |
| Chase City | 2,530 | $51,840 | $115,400 | Compare |
| Fairlawn | 2,555 | $67,549 | $257,000 | Compare |
| Stephens City | 2,338 | $94,250 | $287,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Matoaca With Other Cities
Frequently Asked Questions about Matoaca
What is the population of Matoaca, VA?
The population of Matoaca, VA is 2,448 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Matoaca?
The median household income in Matoaca, VA is $57,445 per year, which is 24% below the national median of $75,149.
What is the median home value in Matoaca?
The median home value in Matoaca, VA is $205,100, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Matoaca?
The median monthly rent in Matoaca, VA is $995, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Matoaca?
The unemployment rate in Matoaca, VA is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Matoaca, VA a good place to live?
Matoaca offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,448 and a median age of 31.1, the city appeals to young professionals and families.
How educated is Matoaca, VA?
29.8% of residents in Matoaca aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Matoaca?
Key cost-of-living indicators for Matoaca, VA: median home value is $205,100 (16% below national), median rent is $995/month, and median household income is $57,445. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Matoaca?
The poverty rate in Matoaca, VA is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Matoaca, VA?
Matoaca's population is 0.0% White, 4.6% Hispanic or Latino, 4.7% Black or African American, 0.0% Asian, and 30.2% two or more races. 0.0% of residents are foreign-born.